RBC Capital Reiterates Sector Perform on EVgo, Maintains $5 Price Target
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Chris Dendrinos has reiterated a 'Sector Perform' rating on EVgo (NASDAQ:EVGO) and maintained a price target of $5. This suggests that RBC Capital views EVgo's stock as fairly valued at its current level and does not expect significant price movement in either direction in the near term.
January 18, 2024 | 2:04 pm
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
RBC Capital analyst Chris Dendrinos has maintained a 'Sector Perform' rating and a price target of $5 on EVgo, indicating a neutral outlook on the stock's short-term price movement.
The reiteration of the 'Sector Perform' rating and the maintenance of the price target at $5 by RBC Capital suggests that the analyst believes EVgo's stock is currently valued appropriately, implying no significant short-term price changes. This analysis is based on the analyst's expertise and the absence of new, impactful information that would alter the stock's valuation.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100